[MARKET UPDATE] Crude benchmarks grind to fresh session highs, but remain well of WTD bests, as geopoliticial tensions re. Iran inch higher

Crude benchmarks grind to fresh session highs, but remain well of WTD bests, as geopoliticial tensions re. Iran inch higher.

Crude oil benchmarks hitting fresh session highs indicates a market response to escalating geopolitical tensions with Iran. While prices are up, they remain below the week-to-date highs, suggesting that risk is being carefully assessed and that additional factors could keep gains in check or lead to volatility.